What is a rally? Back to list

Member SinceSep 14, 2022

Posts 35

Womak

Sep 22, 2022 a 02:59
A rally occurs when the price of an asset sees sustained upward movement. After a period of flat prices, narrow trading bands, or declining prices, a rally usually occurs.
In the stock market, rallies occur when buyers increase their purchases, causing the price to rise. A rally can often be self-fulfilling, with traders recognizing an upward trend early on and buying into it. A market rally occurs when this upward momentum drives the price up further and further.

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